Search
Showing 5032 results
IDB Consolidation
ICAP in November entered into an £1.1 billion ($1.63 USD) agreement to sell its brokerage business to Tullett Prebon. Although ICAP will retain some ownership of the combined company, the move marks a decisive shift away from ICAP's origins as a voice broker. Going forward, the company will focus primarily on two main lines of business: post-trade services and electronic markets.
CONTINUE READINGThomson Reuters Supports Accelerator Program in Singapore
Thomson Reuters is partnering with Startupbootcamp to bring technology and market data access to startups that are participating in the firm's accelerator program in Singapore.
CONTINUE READINGCBOE Buys Stake in Robo-Advisor
CBOE Holdings announced in January that it has bought more than 50% of Vest Financial, a company founded in 2012 that aims to provide investors with a simple way to use options on individual equities and exchange-traded funds as protection against market downturns.
CONTINUE READINGNew Products
The Reserve Bank of India released a report in February recommending the introduction of interest rate options so that banks and corporates can hedge their interest rate risks. The report, which was drafted by a working group constituted by the central bank, said the market should start with relatively simple products such as calls, puts, caps, floors, collars and swaptions. The report also recommended allowing these products to be offered as both exchange-traded products and over-the-counter derivatives. The central bank said final guidelines will be issued by the end of March, taking into account feedback on the report.
CONTINUE READINGOpen Outcry
The London Metal Exchange in February unveiled its newly built Ring, the exchange's open-outcry trading floor, after relocating to Finsbury Square in London. The Ring has moved four times since it was established above a hat shop in Lombard Court in 1877. The latest move is the next step in the modernization of the metals exchange, which was acquired by HKEX in 2012.
CONTINUE READINGGallery - BOCA 2015
8th Annual FIA Europe International Derivatives Expo - Delegates network at the International Exchanges Luncheon.
CONTINUE READINGCultivating Fintech: Deutsche Boerse Invites Startups to Frankfurt
<div class="entity entity-paragraphs-item paragraphs-item-html-content" about typeof> <div class="content"> <div class="field field-name-txt-body field-type-text-long field-label-hidden"></div></div></div>
CONTINUE READINGFintech in Asia: Regulators Roll Out the Welcome Mat
On March 21, the Hong Kong Monetary Authority announced the establishment of a new “Fintech Facilitation Office” to facilitate the development of the financial technology ecosystem in Hong Kong and to promote Hong Kong as a fintech hub in Asia. The new office will act as an interface between market participants and regulators within the HKMA, as an initiator of industry research in potential application and risks of fintech solutions and as a platform for exchanging ideas and conducting outreach activities.
CONTINUE READING